Common use of Funding and Payment Clause in Contracts

Funding and Payment. a. The Buy-Back Program will make available up to $ of the Fund to the Participating Tribe to cover allowable costs incurred to implement the Buy-Back Program as set forth in this Cooperative Agreement and summarized below: i. All costs incurred for the performance of this Cooperative Agreement must be allowable, allocable and reasonable pursuant to 2 CFR § 200 Subpart E – Cost Principles. In addition, the Participating Tribe must manage administrative expenses in the most cost-efficient manner possible, in accordance with ILCA, 25 U.S.C. § 2212(b)(4). ii. In no event shall costs be incurred in performance of this Cooperative Agreement in excess of the awarded amount. Nor shall the Participating Tribe use any of the funding made available by this Cooperative Agreement to pay for or support any bonus or other compensation to landowners. b. The Buy-Back Program agrees to advance or reimburse, pursuant to 2 C.F.R. § 200.305, funds to the Participating Tribe for costs in accordance with the Scope of Work, Statement(s) of Work, and the SF-424A Budget Information for Non-Construction Programs form submitted as part of the Participating Tribe’s application for funding. c. The Participating Tribe must seek pre-approval from the Buy-Back Program for any costs not detailed in the approved documents; otherwise, the Buy-Back Program may recoup advanced funds or refuse payment for that expense. d. The Buy-Back Program agrees to reimburse any pre-award costs that the Buy-Back Program has approved in writing. e. The Participating Tribe must enroll in, and utilize, the Department of Treasury’s Automated Standard Application for Payments (ASAP) system to request payments under this Cooperative Agreement. If not already enrolled under the Office of the Secretary’s Agency Location Code, 14010001, the Participating Tribe must successfully enroll with ASAP in order to receive Cooperative Agreement funding. f. The Participating Tribe may request payments in ASAP on an as needed basis, however, pursuant to 2 C.F.R. § 200.305, its methods and procedures for payments must minimize the time elapsing between the transfer of funds from ASAP and their disbursement by the Participating Tribe. g. Pursuant to 2 C.F.R. § 200.305, the Participating Tribe shall be paid in advance provided that it maintains or demonstrates the willingness to and ability to maintain procedures minimizing the time elapsing between the transfer of funds from ASAP and their disbursement by the Participating Tribe.

Appears in 3 contracts

Samples: Cooperative Agreement, Cooperative Agreement, Cooperative Agreement

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Funding and Payment. a. The Buy-Back Program will make available up to $ [ AMOUNT] of the Fund to the Participating Tribe to cover allowable costs incurred to implement the Buy-Buy- Back Program as set forth in this Cooperative Agreement and summarized below: i. All costs incurred for the performance of this Cooperative Agreement must be allowable, allocable and reasonable pursuant to 2 CFR § 200 Subpart E – Cost Principles. In addition, the Participating Tribe must manage administrative expenses in the most cost-efficient manner possible, in accordance with ILCA, 25 U.S.C. § 2212(b)(4). ii. In no event shall costs be incurred in performance of this Cooperative Agreement in excess of the awarded amount. Nor shall the Participating Tribe use any of the funding made available by this Cooperative Agreement to pay for for, or support any any, bonus or other compensation to landowners. b. The Buy-Back Program agrees to advance or reimburse, pursuant to 2 C.F.R. § 200.305, funds to the Participating Tribe for costs in accordance with the Scope of Work, Statement(s) of Work, and the SF-424A Budget Information for Non-Construction Programs form submitted as part of the Participating Tribe’s application for funding. c. The Participating Tribe must seek pre-approval from the Buy-Back Program for any costs not detailed in the approved documents; otherwise, the Buy-Back Program may recoup advanced funds or refuse payment for that expense. d. c. The Buy-Back Program agrees to reimburse any pre-award costs that the Buy-Back Program has approved in writing. e. d. The Participating Tribe must enroll in, and utilize, the Department of Treasury’s Automated Standard Application for Payments (ASAP) system to request payments under this Cooperative Agreement. If not already enrolled under the Office Department of the SecretaryInterior Financial Management Service Office’s Agency Location Codeagency location code, (14010001), the Participating Tribe must successfully enroll with ASAP in order to receive Cooperative Agreement funding. f. e. The Participating Tribe may request payments in ASAP on an as as-needed basis, ; however, pursuant to 2 C.F.R. § 200.305, its methods and procedures for payments must minimize the time elapsing between the transfer of funds from ASAP and their disbursement by the Participating Tribe. g. f. Pursuant to 2 C.F.R. § 200.305, the Participating Tribe shall be paid in advance provided advance; provided, that it maintains or demonstrates the willingness to and ability to maintain procedures minimizing the time elapsing between the transfer of funds from ASAP and their disbursement by the Participating Tribe.

Appears in 2 contracts

Samples: Cooperative Agreement, Cooperative Agreement

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Funding and Payment. a. The Buy-Back Program will make available up to $ of the Fund to the Participating Tribe to cover allowable costs incurred to implement the Buy-Back Program as set forth in this Cooperative Agreement and summarized below: i. All costs incurred for the performance of this Cooperative Agreement must be allowable, allocable and reasonable pursuant to 2 CFR § 200 Subpart E – Cost Principles. In addition, the Participating Tribe must manage administrative expenses in the most cost-efficient manner possible, in accordance with ILCA, 25 U.S.C. § 2212(b)(4). ii. In no event shall costs be incurred in performance of this Cooperative Agreement in excess of the awarded amount. Nor shall the Participating Tribe use any of the funding made available by this Cooperative Agreement to pay for or support any bonus or other compensation to landowners. b. The Buy-Back Program agrees to advance or reimburse, pursuant to 2 C.F.R. § 200.305, funds to the Participating Tribe for costs in accordance with the Scope of Work, Statement(s) of Work, and the SF-424A Budget Information for Non-Construction Programs form submitted as part of the Participating Tribe’s application for funding. c. The Participating Tribe must seek pre-approval from the Buy-Back Program for any costs not detailed in the approved documents; otherwise, the Buy-Back Program may recoup advanced funds or refuse payment for that expense. d. c. The Buy-Back Program agrees to reimburse any pre-award costs that the Buy-Back Program has approved in writing. e. d. The Participating Tribe must enroll in, and utilize, the Department of Treasury’s Automated Standard Application for Payments (ASAP) system to request payments under this Cooperative Agreement. If not already enrolled under the Office of the Secretary’s Agency Location Code, 14010001, the Participating Tribe must successfully enroll with ASAP in order to receive Cooperative Agreement funding. f. e. The Participating Tribe may request payments in ASAP on an as needed basis, however, pursuant to 2 C.F.R. § 200.305, its methods and procedures for payments must minimize the time elapsing between the transfer of funds from ASAP and their disbursement by the Participating Tribe. g. f. Pursuant to 2 C.F.R. § 200.305, the Participating Tribe shall be paid in advance provided that it maintains or demonstrates the willingness to and ability to maintain procedures minimizing the time elapsing between the transfer of funds from ASAP and their disbursement by the Participating Tribe.

Appears in 1 contract

Samples: Cooperative Agreement

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